HI-TECH MUSIC LTD

Company Registration Number:
06531691 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

HI-TECH MUSIC LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

HI-TECH MUSIC LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 880 880
Tangible assets: 4 39,073 2,874
Total fixed assets: 39,953 3,754
Current assets
Stocks: 56,040 18,060
Debtors:   1,636,403 205,811
Cash at bank and in hand: 649,745 1,531,547
Total current assets: 2,342,188 1,755,418
Creditors: amounts falling due within one year:   (303,533) (161,792)
Net current assets (liabilities): 2,038,655 1,593,626
Total assets less current liabilities: 2,078,608 1,597,380
Total net assets (liabilities): 2,078,608 1,597,380
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 2,078,605 1,597,377
Shareholders funds: 2,078,608 1,597,380

The notes form part of these financial statements

HI-TECH MUSIC LTD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 January 2024
and signed on behalf of the board by:

Name: M Zabir
Status: Director

The notes form part of these financial statements

HI-TECH MUSIC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HI-TECH MUSIC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 9 10

HI-TECH MUSIC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 880
At 31 March 2023 880
Net book value
At 31 March 2023 880
At 31 March 2022 880

HI-TECH MUSIC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 26,978
Additions 45,649
At 31 March 2023 72,627
Depreciation
At 01 April 2022 24,104
Charge for year 9,450
At 31 March 2023 33,554
Net book value
At 31 March 2023 39,073
At 31 March 2022 2,874